Hapag-Lloyd is optimistic about the year ahead, despite global trade tensions, the German container shipping company's chief executive said on Thursday after a first quarter earnings rise.'Despite all the uncertainty, we see a somewhat stable development…
U.S. Vice President Mike Pence said on Friday that President Donald Trump would 'stand firm' on his demands for structural changes to China's trade practices, and removal of U.S. tariffs on Chinese goods would be a part of a mechanism to enforce any deal with Beijing…
Can Your Technology Compete in Today's Terminal Operating Landscape? When it comes to terminal automation, ‘failing to plan means planning to fail.’Automation is not a one-size-fits all solution. And, while future terminal operations will necessarily involve technology and autonomous operations…
PHOTECTOR, previously known as PEIR, today announced a corporate rebrand and several new key senior hires.“We are excited about the corporate rebranding of PHOTECTOR, strategic actions that go far beyond a name change from PEIR,” said Tom Burke…
North Carolina Ports made history Monday by welcoming its first-ever 12,000 TEU vessel to the Port of Wilmington.The ship, Kota Pekarang, is the largest capacity-wise to call the port. The Kota Pekarang is operated by ZIM in partnership with the 2M Alliance which links Asia to Wilmington…
The Port of Oakland supports 84,144 jobs in the Bay Area and 20 percent of those jobs are Oakland-based, according to an economic impact study released today. The study by Martin Associates shows that the Port’s overall economic value—from business revenue…
New Cranes Allow Port NOLA to Accommodate Larger Ships and Meet Growing Needs. The Board of Commissioners of the Port of New Orleans (Port NOLA) have voted to approve the purchase of two new 100-foot gauge container gantry cranes to be used at the Napoleon Avenue Container Terminal…
Canada's Port of Prince Rupert, and DP World Prince Rupert announced a new weekly marine carrier service at the Fairview Container Terminal.ZIM Integrated Shipping Services (ZIM) partnered with the 2M Alliance and has added Prince Rupert as one of their port destinations…
Containerships plc’s board of directors announced that its Chief Executive Officer, Kari-Pekka Laaksonen, has resigned. The board of directors of Containerships plc plans to meet tomorrow to discuss a successor.CMA CGM Group will propose to the board of directors to appoint Claude Lebel…
CMA CGM chairman and CEO Rodolphe Saadé has signed two strategic partnerships with Lei Fanpei, chairman of the China State Shipbuilding Corporation (CSSC), including an order of 10 containership newbuilds, as well as an agreement to jointly…
Even in the face of a raft of geopolitical and trade disputes that have conspired to instill uncertainty in many industries, confidence in the shipping industry rose in the last three months says the latest Shipping Confidence Survey from BDO…
German container liner Hapag-Lloyd sees itself on a promising course to achieve better results and further reduce debts as it cuts costs, benefits from merger synergies and finds itself in an improving shipping industry environment.'We see fairly…
India's antitrust regulator said in a court filing that a challenge by Dubai's DP World of a probe into its alleged anti-competitive practices at a Mumbai port is an effort to halt or delay possible adverse findings against the firm.The Competition…
APL added Ho Chi Minh City as a port of call by its China Southeast Asia Service (CSE). This will extend the market coverage of the weekly service which currently connects Central China to the Southeast Asian markets of Thailand and the Philippines…
DP World, one of the world's biggest port operators, said on Thursday its business could weather international trade tensions, after reporting a 10.2 percent rise in 2018 profit.'Current year has started with trading in line with expectations…
